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The difference between cost and selling prices gives?

The difference between cost and selling prices gives?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Trading account
  • B Net profit/loss
  • C Gross profit or loss
  • D Appropriation `
  • E Balance sheet
Correct Answer: Option C
Explanation:

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